Call reports 2022
FINWISE BANK — 2022
What FINWISE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 418,657,000 | 359,169,000 | 380,523,000 | 396,974,000 |
| Total loans | 273,342,000 | 231,871,000 | 256,059,000 | 259,792,000 |
| Allowance for loan losses | 9,988,000 | 10,602,000 | 11,968,000 | 11,986,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,986,000 | 12,463,000 | 13,925,000 | 14,292,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,620,000 | 255,901,000 | 273,325,000 | 280,812,000 |
| Interest-bearing deposits | 150,129,000 | 135,869,000 | 135,184,000 | 163,932,000 |
| Noninterest-bearing deposits | 173,491,000 | 120,032,000 | 138,141,000 | 116,880,000 |
| Equity capital | 81,373,000 | 88,907,000 | 93,098,000 | 100,276,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 13,238,000 | 26,271,000 | 39,104,000 | 52,384,000 |
| Interest expense | 262,000 | 506,000 | 811,000 | 1,434,000 |
| Net interest income | 12,976,000 | 25,765,000 | 38,293,000 | 50,950,000 |
| Noninterest income | 12,124,000 | 19,975,000 | 27,551,000 | 36,107,000 |
| Noninterest expense | 8,503,000 | 16,247,000 | 24,129,000 | 32,253,000 |
| Provision for loan losses | 2,947,000 | 5,860,000 | 10,317,000 | 13,519,000 |
| Pretax income | 13,650,000 | 23,633,000 | 31,398,000 | 41,285,000 |
| Income tax | 3,463,000 | 5,912,000 | 9,486,000 | 12,195,000 |
| Net income | 10,187,000 | 17,721,000 | 21,912,000 | 29,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,437,000 | 82,381,000 | 85,744,000 | 91,674,000 |